Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This very large three bedroom house is located in the popular are of LaSalle College Park. This property was recently updated throughout including a new kitchen and new carpets and paint. This property has a new tenant in place paying $750 a month. This property is currently under management by one of the leading Detroit property management companies.Kenmoor Street is a nice well kept road in LaSalle College Park which is close to Ravendale, Denby and Moningside. LaSalle College Park has a very strong community atmosphere with good schools and great local facilities.

 

Investment Details

 

$9,000 rent a year.
$900 management fee.
$1,560 taxes.
$500 insurance.
= 21% net return.

Key Information

Property ID: 22788128
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 3
Bathrooms: 1
Price:
  • £23,086
  • €25,700
  • $29,000
Short Description:

This large three bedroom brick house is great value at only $29,000 and tenanted paying $9,000 per year.